Wednesday, February 4, 2009

Many ppl ask me about how I do day trade...today SU made perfect setup so I thought it was good idea to share with you. Please see my trade in the attached picture.

I entered in SU yesterday afternoon at 23, when Nice candle formed crossing above EMA(5), decent volume, and most technical indicators crossover specially positive momentum from the last indicator. I got out of the position at 24.60 when on intraday chart most indicators were showing the chart as overbought.

This is a almost picture perfect setup where most ppl can male money if played correctly.

Tuesday, February 3, 2009

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DISCLAIMER :
Nothing in this blog represents investment advice, trade recommendations, or anything of that nature. Rather, the information herein is for educational and entertainment purposes only.